Reuters - Citigroup Inc is considering
selling its Japanese consumer finance company CFJ KK or cutting
the unit's business significantly as part of its plans to shed
assets, Japanese daily Nikkei reported on Sunday.
Reuters - Rupert Murdoch's News Corp (NWSa.N) on
Saturday dropped its $580 million bid for Tribune Co's Newsday
newspaper, just days after Murdoch said a deal was imminent,
leaving cable television operator Cablevision as the
likely winner of the Long Island daily.
Reuters - Stocks fell on Friday as the price of
oil set another record and concerns about the financial sector
flared up again after American International Group Inc
reported a massive loss.
Reuters - Oil jumped to a record above $126 a
barrel on Friday, extending gains to more than 11 percent since
the start of the month on fuel supply concerns and a rush of
speculator buying.